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In GZERO’s livestream event presented by Visa, a panel of geotech experts delved into the pivotal role of digitalization in shaping the global economy. One striking revelation emerged: Nearly three-fourths of all new value created by the end of this decade will be rooted in digitalization and digitally enabled business models. This underscores the seismic shift toward a digital-first world. While the prospects of this digital revolution are promising, Alexis Serfaty, director of geotechnology at Eurasia Group, highlighted a stark reality: Over 2.5 billion people still lack access to the Internet, effectively excluding them from the digital economy.
This digital divide poses a substantial risk as the world becomes increasingly digitized. As digital businesses flourish, there is concern that economic disparities could worsen, potentially leading to social instability in some regions.
To learn more about the challenges and opportunities that nation-states face when it comes to digitization, and how it could shape a more inclusive and resilient future, watch the full livestream conversation:
